Hexion Inc.
Overview
Hexion Inc. sponsors a self-funded health plan that covered 741 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 741 · prior year 734
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Hexion Inc. Welfare Benefits Plan, plan 501 (741 participants)
- Broker compensation
- $90K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Critical Illness, Accident, Hospital Indemnity, Life, Long-term disability, Hospital Indemnity | 1,231 | $1.5M | $90K |
| Delta Dental of Ohio | Dental | 1,548 | $600K | — |
| Aetna Life Insurance Co. | Vision | 1,263 | $80K | — |
| MetLife Legal Plans | Legal | 228 | $29K | $118 |
| Life Insurance Company of North America | Business Travel Accident | 707 | — | $326 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 741 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Hexion Inc.
- Sponsor EIN
- 13-0511250
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-0511250 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Hexion Inc. Pension Plan
- Type
- Pension plan
- Participants
- 2,890
About this data
Source: Hexion Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Hexion Inc..